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Listed by:

HWH Properties

Premier Adult Club With Liquor In Major Market For Sale

Undisclosed, US
Asking Price:
$8,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Premier Adult Club in Major Market. Topless, with alcohol; 24 hour license. One of a kind operation due to its unique, grandfathered location. Competition present in total market, but again, its location is a serious, effective, and distinct advantage over its competitors. Zoned for 15 Table Top Slot Machines. Established ownership for over 15 Years. Partners are absentee and are retiring due to health and age.

3 Stages, 2 satellite podiums,2 full bars,full kitchen and coolers. Multiple offices, Dressing room for 100+ Dancers.

9000 SF Building, regularly inspected, up to code. 1.1 Acre Parking Lot. Leased: $13,400/month NNN, with 20 Years+ Remaining. Lease is seriously below market rates. (Comparables are at 3x+)

No violations.

Tax Returns upon following conditions:

BUYERS: Don't even waste your time (or mine!) unless you are
1. willing to sign a Confidentiality Agreement,
2. willing to speak directly to me,
3. and are able to provide proof of funds: VERIFIABLE Cash or Equivalent Assets of $3M for purchase downpayment.

BROKERS: 2.5% Fee to Selling Broker on total Sale Price. Don't even waste your time (or mine!)if your Buyer cannot or will not comply with 3 conditions above. I am not kidding.

Property Information

Real Estate:

Lease

Lease Terms:

NNN

Leasehold Rent:

$13,400 (USD) per annum

Location:

Prime High Traffic Street; Major Tourist Zone

Premises Details:

9000 SF Building; well maintained; 1.1 Acre Parking

Size in square feet:
9,000

Business Operation

Expansion Potential:

Interior can be redesigned for more effective use...

Competition / Market:

Stiff Competition but this location offers a unique advantage....

Reasons for selling:

Age and Health of Absentee Owners

Trading hours:

24 Hours a day/7 days a week

Employees:
>80
Years established:
15

Other Information

Support & training:

To be Negotiated with Purchaser

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be negotiated with suitable Buyer

Furniture / Fixtures value:
$400,000 (USD) - included in the asking price
Inventory / Stock value:
$200,000 (USD) - included in the asking price

Contact HWH Properties

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